At Just we encourage a flexible and agile working environment for the majority of our opportunities. Get in touch with us to discuss in more detail.
About the role
We are looking for a Counterparty Risk Manager (Financial Risk) who will support the Senior Risk Manager in assessing the counterparty risks associated with business activities.
You will provide advice, oversight and challenge to the 1st line as a representative of the Financial Risk function.
Responsibilities
Challenge and support first line on the counterparty risk assessment, management and mitigation required for new and existing business activities.
Support the Line 2 review and challenge of the financial risk assessment of counterparty risk management including the oversight of new counterparties.
Make recommendations to the Senior Risk Manager and Director of Financial Risk and other colleagues on the acceptability of risks proposed to be taken by Line 1 as part of project or business as usual activities.
Support the development of the counterparty risk framework and guidelines.
Track the resolution of risk issues and observations.
Monitor counterparty risk exposures against limits and escalate risk concentrations and issues associated with the counterparty risk.
Be considered a trusted advisor to the business by ensuring that commercially sensitive, pragmatic and practical Financial Risk support and advice is provided.
Support delivery of:
Risk Business Partner for DB and connectivity with other Risk Business Partners;
Risk reviews/opinions on Line 1 business proposals;
Statutory documents including ORSA, Run-off plan, SFCR and RSR; and
Risk reporting to committees and Boards as required.
Regularly review, present and challenge reports with senior managers, identifying issues where changes to risk profile or appetite may be required.
Skills & Experience
Financial Management degree or equivalent experience is essential
Financial Risk Management professional qualification or equivalent is desirable
Experience in the risk management of financial exposures within a life insurance or commercial company or investment bank
Risk analysis experience
Quantification of financial risks and experience describing non-quantifiable risks
Strong understanding of risk management techniques and challenges.
Strong understanding of counterparty risk including experience of interfacing with legal to ensure protections are included in documentation.
Strong problem solving, analysis and resolution skills.
Good verbal, written communication and interpersonal skills, with the ability to present complex financial concepts in a clear and concise manner.
Ability to collaborate with other functions.
Ability to challenge others in a clear and constructive manner.
Understanding of the risk management framework to use within the Group.
Strong delivery focus and organisational skills, to co-ordinate and deliver multiple projects.
Functional knowledge of MS Office applications
Company Benefits
A Competitive Salary, Pension Scheme and Life Assurance
Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday
Private Medical Cover and Income Protection, just in case
A generous and highly achievable bonus scheme – paid annually based on individual and company performance against targets
Opportunity to progress within your career both in-role and within the company
FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)
A variety of Employee Funded Benefits available to you via our Online Benefits Portal
Plus, several additional purchase options available for you and your loved ones
About Us
We’re a FTSE 250 Financial Services company who specialise in retirement solutions and right now, our world is moving pretty quickly.
How people work, save, and plan for the future is all changing. A new generation of retirees needs a new kind of retirement company. A company who will look for new ways of doing things – and will always put the customer first.
That’s who we are. We’re a company on a mission: to become a beacon for the entire retirement industry. Because we believe everyone deserves a fair, secure, and fulfilling retirement. And with you on our team, we’re going to make sure they get it.
We’ve built our sustainability strategy around the United Nations Sustainable Development Goals (SDG) and have selected goals where we believe we can make the most difference. By aligning our activity with these global goals, we can make sure we play our part in addressing the wider issues facing the planet and leave a positive legacy to the world. You can read more about our sustainability strategy here.
Diversity, equity and inclusion are priorities for us. Having a diverse, talented workforce with colleagues of different backgrounds, world views and experiences is the right thing to do. It’s also the most effective way to succeed, innovate and better serve our customers now and in the future. We are committed to our targets on gender and ethnicity and run a number of successful mentoring and sponsorship programmes for our colleagues from diverse backgrounds. We have multiple active employee network groups which champion issues including gender, ethnicity, sexual orientation, disability and neurodiversity. You can read more about our DE&I strategy and commitments here.
What’s clear about working at Just is that we care. We care about our customers, our purpose, our environment, inclusivity, wellbeing and most importantly - each other. We look forward to welcoming you to the team soon.